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Press releases
Press releases from Quantum Computing industry
Quantum Motion Technologies Ltd (QMT), a UK based quantum computing company founded on world leading silicon spin technology and architectures developed at UCL and Oxford University, today announced it has completed an £8.0m series A round of investment. The raise will enable QMT to develop a fault tolerant quantum processor, based on its patented designs, leveraging the advantages of CMOS manufacturing. The new funding was led by INKEF capital, a Dutch based venture capital company. The round...
Shell cooperates with theoretical physicists and chemists of Leiden University to research how quantum computer algorithms can help simulate complex molecules. Quantum computing is a revolutionary technology, where the often unintuitive characteristics of quantum mechanics merge with information theory to solve certain specialized computational problems very differently, and possibly much faster, than on computers available today. Computational Chemistry is one of those problems. It is of...
Innovate UK’s Industrial Challenge Strategy Fund Includes Seeqc UK In Quantum Computing Initiatives Totaling Nearly £15M. Seeqc, the Digital Quantum Computing™ company, today announced its UK team has been selected to receive two British grants totaling £1.8 million from Innovate UK’s Industrial Challenge Strategy Fund. “We are looking forward to applying our deep expertise in design, testing and manufacturing of quantum-ready superconductors, along with our resource-efficient approach to...
Total (Paris:FP) (LSE:TTA) (NYSE:TOT) is stepping up its research into Carbon Capture, Utilization and Storage (CCUS) technologies by signing a multi-year partnership with UK start-up Cambridge Quantum Computing (CQC). This partnership aims to develop new quantum algorithms to improve materials for CO(2) capture. Total's ambition is to be a major player in CCUS and the Group currently invests up to 10% of its annual research and development effort in this area. To improve the capture of CO(2) ,...
Last week, IBM kicked off a global quantum computing challenge in celebration of the company's fourth anniversary of making quantum computers available via the cloud. Designed to build quantum computing skills and make it easy for developers to use a quantum computer, the challenge exceeded 1 billion circuits a day, run on IBM's 18 quantum systems via the cloud. Circuits are the fundamental building blocks of quantum computation that operate in much the same way as models do to train AI. ...
Atos, a global leader in digital transformation, today announced that it has sold its Atos Quantum Learning Machine (QLM), the world’s highest-performing commercially available quantum simulator, through its APAC distributor Intelligent Wave Inc. (IWI), in Japan. This is the first QLM that Atos has sold in Japan. Quantum computing is a key priority for Japan. It launched a dedicated ten-year, ¥30 billion ($280 million) quantum research program in 2017, followed by a ¥100 billion ($900 million)...
DARPA has selected seven university and industry teams for the first phase of the Optimization with Noisy Intermediate-Scale Quantum devices (ONISQ) program. Phase 1 of the program began in March and will last 18 months. ONISQ aims to exploit quantum information processing before universal fault-tolerant quantum computers are realized, which isn’t expected for many years. The program is pursuing a hybrid concept that combines intermediate-sized quantum devices (hundreds to thousands of quantum...
Archer Materials Limited (“Archer”, the “Company”) (ASX:AXE) is pleased to announce that the Company’s exclusively licenced European patent application (“EP Patent Application”) filed under the Patent Cooperation Treaty (“PCT”) to protect and commercialise intellectual property associated to the 12CQ quantum computing chip materials technology (“IP”), has now proceeded to the substantial examination stage in Europe . The EP Application has significantly progressed in the European patent...
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